NANNIC INT: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
NANNIC INT
Largest movements
- Stocks and contracts -€32,615
down €32,615 (-4.1%), from €789,146 to €756,531
- Intangible fixed assets -€26,239
down €26,239 (-18.8%), from €139,727 to €113,488
- Cash -€13,722
down €13,722 (-20.2%), from €67,813 to €54,091
mainly Net result for the year (-€291,020) and Short-term financial debts (-€100,000)
- Other debts +€380,160
up €380,160 (+67.9%), from €560,000 to €940,160
- Profit (loss) carried forward -€291,020
down €291,020 (-51.4%), from -€566,224 to -€857,244
- Short-term financial debts -€100,000
down €100,000 (-97.5%), from €102,532 to €2,532
- Tax, wage and social debts -€71,927
down €71,927 (-80.1%), from €89,832 to €17,906
of which Taxes: -€74,150
- Debts after one year -€15,467
no longer reported in 2025 (was €15,467)
- Gross operating margin +€252,478
up €252,478, from -€231,857 to €20,621
- Write-downs -€15,682
no longer reported in 2025 (was €15,682)
- Depreciation +€11,667
up €11,667 (+33.8%), from €34,483 to €46,151
- Staff costs -€7,492
down €7,492 (-2.9%), from €261,390 to €253,898
- Other operating charges -€4,700
down €4,700 (-72.0%), from €6,523 to €1,823
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,137,757 | €1,055,617 | -€82,140 | -7.2% |
| Fixed assets | 21/28 | €171,463 | €143,304 | -€28,160 | -16.4% |
| Intangible fixed assets | 21 | €139,727 | €113,488 | -€26,239 | -18.8% |
| Tangible fixed assets | 22/27 | €31,677 | €29,756 | -€1,921 | -6.1% |
| Plant, machinery and equipment | 23 | €11,143 | €14,084 | +€2,941 | +26.4% |
| Furniture and vehicles | 24 | €20,534 | €15,672 | -€4,862 | -23.7% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €966,293 | €912,313 | -€53,980 | -5.6% |
| Stocks and contracts in progress | 3 | €789,146 | €756,531 | -€32,615 | -4.1% |
| Stocks | 30/36 | €789,146 | €756,531 | -€32,615 | -4.1% |
| Amounts receivable within one year | 40/41 | €100,998 | €99,637 | -€1,360 | -1.3% |
| Trade receivables | 40 | €49,879 | €39,244 | -€10,635 | -21.3% |
| Other amounts receivable | 41 | €51,119 | €60,393 | +€9,275 | +18.1% |
| Cash at bank and in hand | 54/58 | €67,813 | €54,091 | -€13,722 | -20.2% |
| Deferred charges and accrued income | 490/1 | €8,336 | €2,054 | -€6,282 | -75.4% |
| Total equity and liabilities | 10/49 | €1,137,757 | €1,055,617 | -€82,140 | -7.2% |
| Equity | 10/15 | €104,589 | -€186,431 | -€291,020 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €652,213 | €652,213 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €39,707 | €39,707 | = | 0.0% |
| Distributable reserves | 133 | €610,646 | €610,646 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€566,224 | -€857,244 | -€291,020 | -51.4% |
| Amounts payable | 17/49 | €1,033,167 | €1,242,048 | +€208,880 | +20.2% |
| Amounts payable after more than one year | 17 | €15,467 | - | -€15,467 | |
| Financial debts | 170/4 | €15,467 | - | -€15,467 | |
| Amounts payable within one year | 42/48 | €995,172 | €1,208,380 | +€213,207 | +21.4% |
| Current portion of amounts payable after more than one year | 42 | €20,362 | €15,467 | -€4,895 | -24.0% |
| Financial debts | 43 | €102,532 | €2,532 | -€100,000 | -97.5% |
| Credit institutions | 430/8 | €102,532 | €2,532 | -€100,000 | -97.5% |
| Trade debts | 44 | €222,384 | €232,253 | +€9,869 | +4.4% |
| Suppliers | 440/4 | €222,384 | €232,253 | +€9,869 | +4.4% |
| Advances received on contracts in progress | 46 | €62 | €62 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €89,832 | €17,906 | -€71,927 | -80.1% |
| Taxes | 450/3 | €75,501 | €1,351 | -€74,150 | -98.2% |
| Remuneration and social security | 454/9 | €14,331 | €16,555 | +€2,224 | +15.5% |
| Other amounts payable | 47/48 | €560,000 | €940,160 | +€380,160 | +67.9% |
| Accrued charges and deferred income | 492/3 | €22,528 | €33,668 | +€11,140 | +49.4% |
| Non-recurring operating income | 76A | - | €13,645 | +€13,645 | |
| Remuneration, social security and pensions | 62 | €261,390 | €253,898 | -€7,492 | -2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,483 | €46,151 | +€11,667 | +33.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €15,682 | - | -€15,682 | |
| Other operating charges | 640/8 | €6,523 | €1,823 | -€4,700 | -72.0% |
| Gross operating margin | 9900 | -€231,857 | €20,621 | +€252,478 | |
| Operating profit (loss) | 9901 | -€549,936 | -€281,251 | +€268,684 | +48.9% |
| Financial income | 75/76B | €192 | €4,318 | +€4,126 | +2149.2% |
| Recurring financial income | 75 | €192 | €4,318 | +€4,126 | +2149.2% |
| Financial charges | 65/66B | €16,228 | €13,587 | -€2,641 | -16.3% |
| Recurring financial charges | 65 | €16,228 | €13,587 | -€2,641 | -16.3% |
| Profit (loss) for the period before taxes | 9903 | -€565,972 | -€290,520 | +€275,452 | +48.7% |
| Income taxes | 67/77 | €252 | €500 | +€248 | +98.4% |
| Profit (loss) for the period | 9904 | -€566,224 | -€291,020 | +€275,204 | +48.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€566,224 | -€291,020 | +€275,204 | +48.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.